RSS SubscribeColumn: Copper braces for another round of US tariff roulette
From Mining.com
Here we go again.
The deadline for a US decision on whether to impose tariffs on refined copper imports is looming at the end of next month.
The market reaction is a widening in the arbitrage between the CME’s US duty-paid copper contract and the London Metal Exchange’s (LME) international price .
The rising premium for US delivery is drawing more metal into the United States, tightening up availability everywhere else.
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